SEI Investments Co. boosted its semiannual dividend to 22 cents per share from 20 cents per share, the Oaks company said.
The new dividend will be paid on Jan. 10 to shareholders of record on Dec. 23.
The Montgomery Count investment management firm also said it added $100 million to its stock-repurchase program, bringing the amount available to $103 million.
So far this year, SEI has bought 6.2 million shares of its own shares for $188.4 million. - Harold Brubaker